PPP Loan information for Bright new scholars academy

$135,458

Bright new scholars academy was initially approved for PPP Loan of amount $135,458, the current approved amount is $135,458. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 10 jobs and $135,458 was used to fund payroll.

Bright new scholars academy is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Bright new scholars academy

BRIGHT NEW SCHOLARS ACADEMY

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BRIGHT NEW SCHOLARS ACADEMY

Borrower Address

355 Corporate Blvd

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135458.40

Current Approval Amount

135458.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

10

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16932.30

Payroll Proceed

101593.80

Mortgage Interest Proceed

0.00

Rent Proceed

16932.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136639.90

Forgiveness Date

03/05/2021

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